Prosecutors in Spain said Friday they would ask a court to sentence Colombian pop star Shakira to eight years and two months in prison, if she is convicted in her expected trial for alleged tax fraud. Shakira, whose full name is Shakira Isabel Mebarak Ripoll, is charged with failing to… Read More
Russia fines WhatsApp, Snapchat over data storage
Russian regulators have fined chat service WhatsApp and Snapchat for failing to store Russian users’ data on local servers, part of government efforts to control online activity. A Moscow court on Thursday imposed an 18 million ruble ($300,000) fine on chat service WhatsApp and a 1 million ruble penalty on… Read More
Biden admin announces NEW ‘recession’ policy
by Frank Holmes, reporter The economic numbers are in, and they aren’t good. This morning, the federal government agency that measures the U.S. economy announced that GDP shrank at an annual rate of 0.9 percent during the second quarter of the year, which ended last month. In other words,… Read More
Golf superstar suddenly leaves PGA?!
Professional golfer Bubba Watson played in PGA in 2002. Since then, he’s been racking up honors, including two wins at the Masters Tournament. Now, he’s joining another league — LIV Golf — for $50 million, The Telegraph reported Wednesday. But the PGA is weighing lifetime bans for defectors to LIV… Read More
JetBlue to buy Spirit for $3.8B after huge bidding war
JetBlue Airways has agreed to buy Spirit Airlines for $3.8 billion and create the nation’s fifth-largest airline if the deal can win approval from antitrust regulators. The agreement Thursday capped a months-long bidding war and arrives one day after Spirit’s attempt to merge with fellow budget carrier Frontier Airlines fell… Read More
US economy just shrank… again
The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession. The decline that the Commerce Department reported Thursday in the gross domestic product — the broadest gauge of the economy… Read More
Chuck Schumer’s secret deal with Joe Manchin
Earlier this month, Democrat Sen. Joe Manchin — a rare swing voter from West Virginia — reportedly said on a radio show that he would withhold any deal on energy policy until July’s inflation report. “Chuck, can we just wait until the inflation decisions come out in July,” Manchin said… Read More
Fed announces another huge rate hike
The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation. The Fed’s move will raise its key rate, which affects many consumer and business loans, to… Read More
Shakira rejects plea deal, faces tax fraud trial
Colombian pop singer Shakira has opted to go to trial instead of accepting a deal offered by Spanish prosecutors to settle allegations she defrauded Spain’s government of 14.5 million euros ($15 million) in taxes, her public relations team said Wednesday. Shakira, 45, “trusts her innocence and chooses to leave the… Read More
Hidden gem: Largest pink diamond in 300 years discovered here
A big pink diamond of 170 carats has been discovered in Angola and is claimed to be the largest such gemstone found in 300 years. Called the “Lulo Rose,” the diamond was found at the Lulo alluvial diamond mine, the mine’s owner, the Lucapa Diamond Company, announced Wednesday on its… Read More
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